Vident Core U.S. Equity Fund (NYSEARCA:VUSE) Trading Up 0.3% – Here’s What Happened

Vident Core U.S. Equity Fund (NYSEARCA:VUSE)’s stock price was up 0.3% during trading on Thursday . The company traded as high as $61.63 and last traded at $61.55. Approximately 9,446 shares traded hands during mid-day trading, a decline of 71% from the average daily volume of 32,596 shares. The stock had previously closed at $61.37.

Vident Core U.S. Equity Fund Stock Down 0.2 %

The stock has a market cap of $650.84 million, a P/E ratio of 17.39 and a beta of 0.94. The firm’s 50-day moving average is $60.30 and its two-hundred day moving average is $57.69.

Hedge Funds Weigh In On Vident Core U.S. Equity Fund

Several hedge funds have recently bought and sold shares of the business. Mercer Global Advisors Inc. ADV raised its stake in shares of Vident Core U.S. Equity Fund by 100.0% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 10,648 shares of the company’s stock valued at $574,000 after acquiring an additional 5,324 shares in the last quarter. Willner & Heller LLC lifted its stake in shares of Vident Core U.S. Equity Fund by 48.4% in the fourth quarter. Willner & Heller LLC now owns 9,230 shares of the company’s stock worth $541,000 after buying an additional 3,011 shares during the last quarter. Summit Investment Advisory Services LLC acquired a new position in shares of Vident Core U.S. Equity Fund during the third quarter worth approximately $377,000. Foundations Investment Advisors LLC bought a new position in shares of Vident Core U.S. Equity Fund in the 3rd quarter valued at about $320,000. Finally, Stewardship Advisors LLC boosted its stake in Vident Core U.S. Equity Fund by 6.4% in the fourth quarter. Stewardship Advisors LLC now owns 4,148 shares of the company’s stock valued at $243,000 after acquiring an additional 251 shares during the last quarter.

About Vident Core U.S. Equity Fund

The Vident Core U.S. Equity Fund (VUSE) is an exchange-traded fund that is based on the Vident Core U.S. Stock index. The fund tracks an index of US companies selected and weighted based on a multi-factor model that considers corporate governance, quality, and momentum. VUSE was launched on Jan 22, 2014 and is managed by Vident.